Recap: Janet Yellen’s Press Conference and Fed Decision

Janet Yellen wrapped up her first policy meeting Wednesday as chairwoman of the Federal Reserve, then stepped in front of reporters (and live cameras) for her first press conference.

The new chairwoman had a big job, explaining a major shift in forward guidance for when the central bank might increase rates. In her press conference, she suggested that might be around six months after the Fed ends its bond-buying program.